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Vanstar Mining Resources Inc. V.VSR

Vanstar Mining’s Nelligan gold project joint venture with IAMGOLD (25% VSR/75% IMG), located 60 kilometres SW of Chibougamau, Quebec. Vanstar retains 25% undivided non-contributory carried interest until commercial production. Nelligan is one of Quebec’s largest gold projects containing approximately 5.6 Moz of gold. Vanstar has signed an LOI with IAMGOLD to acquire a 75% interest in their Bousquet-Odyno property. The project is 6km from IAMGOLD’S Westwood mine.


TSXV:VSR - Post by User

Comment by goldbug1965on Oct 26, 2020 11:45am
162 Views
Post# 31781523

RE:Grandich tweets on VSR

RE:Grandich tweets on VSR

Margin Call Peter is now trying to cover the fact that his followers are losing it and heading for the exit. $3-$4 per share takeover scenario BEFORE YEAR END was repeated multiple times in his video in the last 6 months. He's now trying to provide all sorts of reasons why It didn't happen (former board, etc.). It's the same story all over again with his allusion to insider info access ("much is happening behind the scenes").

By the way, If the sell pressure was caused by former options holders, it would show it in the rise of outstanding shares. If you do the math, you'll see that's not where the main selling is coming from. Do your homework instead of believing disgruntled old school stock peddlers... 

Until then, expect more sell pressure from Margin Call Peter and his followers. It means more cheap shares for rational and patient investors.

Stay safe.

GB

 

 

 

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